Prime6
Sustainable charcoal briquettes made from compressed hardwood sawdust
Pitch Details
Season / Episode
S12E6
Nov 20, 2020
Ask
$200,000
for 10%
Ask Valuation
$2M
Deal
$200,000
for 25%
Watch the Pitch
Deal Terms
Amount$200,000
Equity25%
Valuation$800,000
Kevin O'LearyWhat Happened Next
Operating
$1.3M
reported
- Deal closed: $200,000 for 25% equity with Kevin O'Leary
- Products in major retailers including Kroger, Lowe's, Walmart, and Albertsons as of July 2021; introduced logs and a firestarter in 2022
- Pivoted to sell exclusively to the hospitality industry through Avendra in 2023; discontinued direct-to-consumer sales
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